Las Vegas Sands (LVS) EBT (2009 - 2026)

Las Vegas Sands (LVS) recorded quarterly EBT of $748.0 million in Q1 2026, up 35.75% quarter-over-quarter from $551.0 million in Q4 2025, and up 58.81% on a YoY basis from $471.0 million in Q1 2025.

Las Vegas Sands (LVS) EBT (2009 - 2026) Analysis & Trends

Las Vegas Sands' EBT history runs 18 years deep, the most recent figure standing at $748.0 million for Q1 2026.

  • In Q1 2026, EBT rose 58.81% year-over-year to $748.0 million; the TTM figure through Mar 2026 stood at $2.5 billion (up 35.99% YoY), while the FY2025 annual figure was $2.2 billion, up 12.91% from the prior year.
  • EBT was $748.0 million for Q1 2026 at Las Vegas Sands, up from $551.0 million in the prior quarter.
  • In the past five years, EBT ranged from a high of $748.0 million in Q1 2026 to a low of -$476.0 million in Q1 2022.
  • Historically, EBT has averaged $312.3 million across 5 years, with a median of $471.0 million in 2025.
  • The sharpest annual moves came in 2022 and 2023: EBT sank 78.95% in 2022, then jumped 306.27% in 2023.
  • A 5-year view of EBT shows it stood at -$287.0 million in 2022, then surged by 306.27% to $592.0 million in 2023, then declined by 22.13% to $461.0 million in 2024, then climbed by 19.52% to $551.0 million in 2025, then surged by 35.75% to $748.0 million in 2026.
  • The last three EBT figures came in at $748.0 million (Q1 2026), $551.0 million (Q4 2025), and $582.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Wynn Resorts 10.77 Bn 9.94 Bn 1.77 Bn 160.67 Mn
2 Boyd Gaming 6.75 Bn 6.74 Bn 742.51 Mn 137.01 Mn
3 Melco Resorts & Entertainment 6.64 Bn 6.49 Bn - 78.00 Mn
4 Caesars Entertainment 5.96 Bn 5.18 Bn 2.71 Bn -71.00 Mn
5 Vail Resorts 4.85 Bn 4.81 Bn - 298.13 Mn
6 Hilton Grand Vacations 4.07 Bn 3.97 Bn 1.10 Bn 74.00 Mn
7 Red Rock Resorts 3.34 Bn 3.31 Bn 491.72 Mn 95.85 Mn
8 Marriott Vacations Worldwide 3.09 Bn 2.82 Bn 1.23 Bn 45.00 Mn
9 PENN Entertainment 2.57 Bn 1.85 Bn 971.20 Mn 5.90 Mn
10 Las Vegas Sands - - 3.56 Bn 748.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 748.00 Mn
Dec 31, 2025 551.00 Mn
Sep 30, 2025 582.00 Mn
Jun 30, 2025 609.00 Mn
Mar 31, 2025 471.00 Mn
Dec 31, 2024 461.00 Mn
Sep 30, 2024 403.00 Mn
Jun 30, 2024 496.00 Mn
Mar 31, 2024 600.00 Mn
Dec 31, 2023 592.00 Mn
Sep 30, 2023 571.00 Mn
Jun 30, 2023 417.00 Mn
Mar 31, 2023 195.00 Mn
Dec 31, 2022 -287.00 Mn
Sep 30, 2022 -320.00 Mn
Jun 30, 2022 -304.00 Mn
Mar 31, 2022 -476.00 Mn
Dec 31, 2021 -301.00 Mn
Sep 30, 2021 -621.00 Mn
Jun 30, 2021 -286.00 Mn